Myles Turner has agreed to a four-year, $107 million contract with the Milwaukee Bucks, according to ESPN's Shams Charania, taking arguably the top available center off the market in the NBA’s 2025 free agency period.

The Milwaukee Bucks on Tuesday waived nine-time All-Star Damian Lillard, electing to stretch the final two years of his contract. In other words, Lillard's tenure in Milwaukee is finished but the Bucks will still be paying the remaining $113 million he's owed on the final two years of his contract over the next five seasons.

Turner agreeing to sign with the Bucks and then Milwaukee waiving Lillard stunned the NBA. Here's how the Bucks made it work financially.